Spiros Polemis-led Polembros is the latest shipowner believed to have sold a VLCC for scrap at a time when demolition activity in the tanker market is heating up.
Rumours around a scrap sale of a veteran Centrofin tanker have, however, been dismissed by the company.
Shipbroking sources pointed Polembros' 277,100-dwt Yangtze Star (built 1994) as heading for scrap.
